Invest in a Valuable Relationship

Tap into our expertise to make tuition affordable.

At Urbana University, we understand your needs and want to work with you and your family to make your education affordable.

A degree is price of entry in the professional world – and we make it our mission to prepare our students for the career of their dreams while helping to maintain their budget. We’re in your corner.

There are so many options available, more than 90 percent of Urbana students take advantage of scholarships, grants, loans or employment in order to cover the costs. Impressive, huh?

Now let’s get down to business.

Financial Aid Promise

We promise to assist you in achieving your educational goals by providing guidance and support in paying for your education. Through teamwork, we will promote professional and technical enhancements in an effort to be timely and accurate in the administration of Financial Aid. Each Financial Aid employee is held to the highest ethical principles, as defined by our code of conduct (below).

In This Section

Applying For Financial Aid

Filling out a FAFSA is well worth your time. Learn how to apply and how your application is reviewed – and find important deadlines, disbursement timelines and other things that can affect your aid.

Other Financial Aid-related forms can be obtained by contacting the Financial Aid Office. These forms include:

Dependency Override Appeal

Homeless/At-Risk Form

Legal guardianship/Emancipated Minor Form

Non-Degree Statement of Purpose for Post-Baccalaureate

Permanent Disability Discharge Form

Parental Non-disclosure Application Form

Proof of Prior Aid Cancellation Form

Special Circumstances Appeal

Unusual Enrollment History Appeal

Ward of Court/Orphan Form

Financial Aid FAQs

What is Student Loan Entrance Counseling and why must I complete this process?

Entrance counseling is required by federal regulations for all first-time borrowers at a school. It gives an overview of the Federal Loans Program and discusses specific topics related to types of loans, interest rates, borrower rights and responsibilities, etc. This counseling session can provide tips and tools for you to develop a budget for managing educational expenses. Loan Entrance Counseling documents can be accessed from the Documents & Forms page.

What is Student Loan Exit Counseling and why must I complete this process when I am in school or returning to school?

Exit counseling is federally mandated when you have stopped attending school or have dropped below half-time, regardless of whether you intend on returning. Student Loan Exit Counseling can be accessed from the Documents & Forms page.

What is the difference between Subsidized and Unsubsidized Direct Loans?

Both Subsidized and Unsubsidized Direct Federal Loans are funded through the Federal Direct Loan program and administered by the federal government.

Subsidized Loan - the federal government pays the interest on your Subsidized loan while you are enrolled at least half-time. Eligibility for Subsidized Loans is determined by financial need, are for a limited eligibility period, and are available to students seeking an undergraduate degree.

Unsubsidized Loan - you are responsible for your Unsubsidized loan while enrolled in school. You have the option to pay the interest or defer the payment until after graduation. Eligibility for Unsubsidized loans is available to both undergraduate and graduate level students.

Is there a limit on the total amount of loan funds I can receive throughout a single academic year or total years of enrollment?

Yes. There are federally mandated aggregate limits that you cannot exceed, dependent on grade level and dependency status. For more information see Types of Aid.

Do I have to accept all of the funds detailed on my award letter?

No. While all grant funds are automatically accepted for you, you are able to accept a reduced amount of funds based on your discretion. Please note the following stipulations:

The funds must be divided evenly over all of the packaged terms in an academic year.

The minimum loan amount you can accept is $200.

All subsidized funds must be accepted before accepting/reducing unsubsidized loans.

In order to reduce funds, you need to indicate the revised amount on your award letter or notate a full decline of a loan. Please contact a Financial Aid Counselor if you have any questions about reducing your loan amounts.

Founded in 1850, Urbana University is a private, not-for-profit institution that offers educational opportunities and college degree programs to learners around the world and throughout the state of Ohio, including the cities of Urbana, Bellefontaine, Columbus, Dayton, Fairborn, London, Marysville, Piqua, Sidney, Springfield, and Troy. Urbana is a division of Franklin University, a nonprofit accredited university in Columbus, Ohio and provider of online college degrees, including bachelor's, master's and doctoral degree programs.